Britain's job market sliding under rising labor cost, UStariff threat: analysis

London: Britain s job market continues to show clear signs of weakening, with unemployment rising and recruitment stagnating amid escalating labor cos...

London: Britain's job market continues to show clear signs of weakening, with unemployment rising and recruitment stagnating amid escalating labor costs and external economic pressures.

Experts have warned that uncertainty stemming from US tariffs is further exacerbating the situation.

Data released by the Office for National Statistics (ONS) on Thursday revealed that the country's unemployment rate for people aged 16 and over stood at 4.7 percent during the March-May period of 2025.

This marks a notable increase both year-on-year and quarter-on-quarter, pushing the rate to its highest level in nearly four years.

The ONS figures also showed job vacancies climbing to new highs, indicating that despite a growing number of unemployed individuals, businesses are still struggling to fill positions.